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St Joseph, MO         Mon, Jun 18, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 06/18/2018     (est)    118,000    2,000     415,000     8,000
Week ago (est)                 118,000    2,000     446,000     8,000
Year ago (act)                 115,000    2,000     427,000     7,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Friday           95,000            23,000
                      Saturday         56,000            12,000

INDEX
                     06/15  06/14  06/13  06/12  06/11  06/08  06/07
CATFAX FED 6 STATE  111.87 114.63 114.82 114.83 114.83 114.83 110.43
CATFAX FED 3 STATE  112.50 114.97 114.97 114.97 114.97 114.97 109.92
CME FEEDER          141.28 140.73 140.70 141.02 140.95 140.61 140.49
CME LEAN HOG        *82.86  81.44  80.09  78.71  77.18  75.79  74.57
3 Area LEAN HOG      80.15  78.83  77.07  75.83  74.29  73.01  71.64
*DTN projected Lean Hog Index, is only an estimate that may vary one
or two cents from actual.

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52% lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma

PORK

Des Moines, IA        Mon, June 18, 2018     USDA Market News

06/18 AM CARCASS CUTOUT - $ 83.84   CHANGE  -0.25  TOTAL LD COUNT  106.79

06/18 PM CARCASS CUTOUT - $ 84.41   CHANGE  +0.32  TOTAL LD COUNT  242.54
 
CARLOT PORK -  OPEN 06/18          CARLOT PORK - CLOSE 06/18
LOADS - CUTS  101.22 TRIM  5.58   LOADS - CUTS  228.29  TRIM 14.25
LOINS 1/4" Trim VAC      100.93    LOINS 1/4" Trim VAC      102.23
LOINS BNLS CC Strap On   115.92    LOINS BNLS CC Strap On   117.00
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#    65.05
       Trm Sel  20-23#  No Test           Trm Sel  20-23#    66.88
       Trm Sel  23-27#    64.13           Trm Sel  23-27#    62.57
BELLIES  Skn-on 10-12#   203.06    BELLIES  Skn-on 10-12#   213.41
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   190.59

BEEF

Des Moines, IA        Mon, Jun 18, 2018      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm

Based on negotiated prices and volume of boxed beef cuts delivered within 0-21
days and on average industry cutting yields.  Values reflect U.S. dollars per
100 pounds.

Boxed beef cutout values lower on Choice and higher on Select on light to
moderate demand and offerings. Select and Choice rib, chuck, and round cuts 
steady to firm. Choice loin cuts lower while Select firm. Beef trimmings
unevenly steady on moderate demand and heavy offerings

BEEF CUTOUTS -  OPEN 06/18        BEEF CUTOUTS - CLOSE 06/18 
CH 600-900# $223.08  +1.49        CH 600-900# $220.71  -0.88
SE 600-900# $204.27  +1.54        SE 600-900# $204.20  +1.47
LOADS     24.72 - Choice Cuts     LOADS     50.71 - Choice Cuts
          10.92 - Select Cuts               25.92 - Select Cuts
          10.50 - Trimmings                 18.77 - Trimmings
          11.50 - Coarse Grinds             14.35 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 06/15   Week Ago     Yr Ago
                                              $120.03    $121.00    $107.79
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of:  May - $117.59

06/13 - Weekly Egg Sets & Chicks Placed - 
Weekly Egg Sets for the week ending 06/09 - 233 million, up 3% from a year ago
Chick placement for the week ending 06/09 - 189 million, up 3% from a year ago

06/18 - Daily New York Eggs
Prices are 3 cents higher for Extra Large and Large, 1 cent higher for Medium.
Trade sentiment is fully steady to firm. Supplies are light to moderate. 
Offerings are mostly light. Demand into all channels is moderate to fairly
good. Market activity is moderate.

Extra Large    112-116
Large          110-114
Medium          79-83

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